Bitcoin News / Bitcoin.com - 1 year ago
The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, b...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitpanda, an Austrian cryptocurrency exchange that was valued at $4.1 billion last summer, has received registration as a digital currency exchange and digital asset custody service provider in Spain. The company’s name appeared in the Bank of Spain’...
Bitcoin News / Bitcoin.com - 1 year ago
Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. Hernandes de Cos stated that, while the market is still relatively small at a worldwide level, the c...
Bitcoin News / Bitcoin.com - 1 year ago
Pablo Hernández de Cos, governor of the Bank of Spain and chair of the Basel Committee on Banking Supervision, explained that the cryptocurrency space and decentralized finance (defi) need to be regulated swiftly to avoid risks of financial...
Cryptocoins Exchanges / Binance - 1 year ago
Binance's expansion into Europe looks to have hit new roadblocks, with Spanish market officials renewing their pressure. Binance is the largest cryptocurrency market in the world and the trading place of a lot of cryptos including NFT utility tok...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance stands as one of the most persistent crypto exchanges when it comes to gaining regulatory approval and operational licenses from regulators across the world. In this effort to operate as a fully licensed financial institution, the exchange ha...
Bitcoin News / Bitcoin.com - 2 years ago
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets ...
Bitcoin News / Bitcoin.com - 2 years ago
Real estate investments are booming in Spain and Europe, as investors are exiting riskier investment avenues in favor of safer options. According to sources from the real estate world, the interest in these instruments has grown 400% since November,...
Bitcoin News / Bitcoin.com - 2 years ago
The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block the...
Bitcoin News / Bitcoin.com - 2 years ago
The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgad...
Bitcoin News / Bitcoin.com - 2 years ago
The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem du...
Bitcoin News / Bitcoin.com - 2 years ago
The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct or indirect exposure to these assets would...
Bitcoin News / Bitcoin.com - 2 years ago
The Bank of Spain, the central bank of the country, has recognized the first cryptocurrency platform that will be able to operate and provide officially approved services in the country. The first exchange to receive this approval was Bit2me, which i...
Cryptocoins News / The Cointelegraph - 2 years ago
In Spain, companies across various industries — not just digital finance — have begun to apply blockchain technology to their operations. This disruptive technology has promoted pioneering projects in the country that are expected to add 20 billion e...
Bitcoin News / Bitcoin.com - 2 years ago
The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification, which has not yet been approved, changes some of t...
Bitcoin News / Bitcoin.com - 2 years ago
Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian stat...
Bitcoin News / Bitcoin.com - 2 years ago
Maria Muñoz, a Spanish deputy from the country’s Congress, wants to position its country as a reliable alternative to miners that are facing a dire situation in Kazakhstan, after their internet service was suspended, affecting their o...
Bitcoin News / Bitcoin.com - 2 years ago
The number of ATMs in Spain has been progressively shrinking to levels the country saw in the year 2002. Reports from local media suggest these actions have been taken to reduce costs and to push payment and operation digitalization in the sector. Th...
Bitcoin News / Bitcoin.com - 2 years ago
Santander, a leading financial institution in Spain, is preparing to offer a Bitcoin ETF to its customers in the country. This, while Spanish asset managers have been largely reluctant to embrace crypto products as part of their investment portfolio...